How do you create a multilevel business positioned for growth? Chris Ronzio, founder and CEO of Trainual, joins A.J. to discuss how mapping out the roles and responsibilities in your organization can help you delegate and scale. And of course, maintaining and enjoying your work-life balance.
About Chris Ronzio:
Chris Ronzio is the founder and CEO of Trainual, EY Entrepreneur of the Year 2021, and Phoenix Business Journal 40 Under 40.
He is also the author of the #1 Amazon bestseller, “The Business Playbook“, where he shares a proven framework for business owners to create a good playbook that codifies their company’s culture, empowers their team, and enables them to relinquish day-to-day responsibilities. This invaluable resource equips leaders with strategies to foster growth without being tied to every operational detail.
For a comprehensive book review, check out this page.
What is Strategic Delegation?
The idea behind strategic delegation is that effective delegation can enhance organizational performance by leveraging the strengths of your team. It enables leaders to focus on higher-level strategic responsibilities while entrusting certain operational decisions to others.
Strategic delegation requires careful consideration of the following factors:
- Clarity of objectives: It is important to clearly describe the goals, expectations, and limitations of delegated responsibilities. This will maintain alignment with company goals and prevent misunderstanding or confusion within the organization.
- Accountability and trust: These are the key components of delegation since it calls for confidence in the skills and judgment of the people to whom duties are assigned. At the same time, accountability mechanisms must be in place to ensure that tasks are carried out successfully and efficiently.
- Monitoring and feedback: Monitoring and feedback systems should be established on a regular basis to evaluate the status, effectiveness, and results of tasks that have been delegated. This helps in identifying any possible problems or opportunities for improvement and enables timely corrective actions, if required.
Bonus: Get our Guide to Effective Delegation for free!
Overall, strategic delegation can be a powerful management strategy. It can enhance employee development, improve organizational performance, and speed up decision-making process. Organizations can boost their overall performance by delegating tasks to the appropriate people or teams in an efficient manner.
On today’s episode:
- Meet Chris Ronzio, Author, and Founder of Trainual – 01:11
- Chris’s shares where he is in his life and on his entrepreneurial journey – 04:13
- How Chris’s approach to things as an entrepreneur has changed over the years – 05:35
- What has had the most impact on his growth as an entrepreneur – 06:30
- How people are using his book, “The Business Playbook,” and his company Traniual to improve their businesses – 08:21
- How to map out your roles and responsibilities in your business so you can hand them off to somebody else – 9:21
- The easy way to navigate the connections in your business – 13:27
- The four buckets you need to document for your business – 17:26
- What is trainable and what is not and how to speed up someone’s time to productivity – 20:46
- What Chris is finding cool right now in business – 25:23
- How the global audience is speeding up the success of today’s businesses – 28:18
- Chris shares the fast track to creating a successful multi-level business structure – 30:23
- How Chris defines success and how that definition has changed over the years – 31:07
Key Takeaways:
- The idea of creating the processes and procedures in your business can seem monumental. So start small by documenting the static stuff.
- Building a company positioned for growth without allowing it to take over your life begins with delegation. First, map out your roles and responsibilities in the company. Then determine which things are trainable, so you can hand them off to somebody else.
- Ready to get started? Chris’s book, The Business Playbook, offers a framework for building the blueprint that includes your people, policies, and processes.
What can you delegate in the new year?
[06:37] – “The first piece of actually being an entrepreneur was to stop doing the work inside the business.”
Share with us how you plan to delegate in 2022 and follow Beyond 8 Figures on social media – we share a ton of helpful content there!
Connect with Chris Ronzio
- Website: Chris Ronzio: Official Website
- Website: Trainual
- Twitter: @ChrisRonzio
- LinkedIn: Chris Ronzio on LinkedIn
- Instagram: @ChrisRonzio
- Facebook: Chris Ronzio
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